Oil keeps on falling in price, Brent - $81.27 a barrel

09:37 - 26.02.2024


February 26, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading after a drop on Friday and last week.

The price of April’s Brent crude futures at the London ICE Futures Exchange declined by $0.35 (0.43%) to $81.27 per barrel by 09:32. Following the trading on February 23, Brent crude futures for April fell by $2.05 (2.45%) to $81.62 per barrel.

The price of WTI oil futures for April on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:32 declined by $0.39 (0.51%) to $76.10 per barrel. Following the trading on February 23, the price of WTI oil futures for April fell by $2.12 (2.70%) to $76.49 per barrel.

Over the past week, Brent crude oil decreased by 2.22% and WTI oil by 2.51%.

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